The residential property developer will now begin its search for a replacement with a new non-executive director to be announced in due course.
Andrew Wiseman, chairman at Telford Homes, said: “We are sad to see Frank leave the company, however, we understand his decision.
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“I would like to thank Frank for his significant contribution to Telford Homes since January 2015 and the board joins me in wishing Frank well for the future.
“We will commence the process of seeking a suitable replacement without delay and will make a further announcement when this process is completed.”
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